According to the Qichacha APP, recently, Wuhan CEEPOWER Green Wisdom New Energy Technology Co., Ltd. was established, with Chen Shili as the legal representative and a registered capital of 10 million yuan. The business scope includes: research and development of emerging energy technologies; centralized fast charging stations; sales of charging piles; parking lot services; Internet of Things application services; Internet of Things technology services, etc. Qichacha's equity penetration shows that the company is wholly owned by CEEPOWER indirectly